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Public debt News

26 Jul 2016

India lacks legal framework for public debt management: CAG

India should institute a legal framework clearly specifying the objectives of government borrowing and the public debt management strategy, official auditor CAG recommended on Tuesday.

28 May 2015

I am happy to let it go to the government: Rajan on PDMA

Reserve Bank Governor Raghuram Rajan on Thursday said there was no reason for RBI to manage public debt and he would be happy if the debt management function goes to the government.

government debt

27 May 2015

Public debt rises 0.9% in Jan-March quarter

Government's total debt increased by 0.9 percent in the fourth quarter ended March 31, over the previous thee-month period of the current financial year.

22 Mar 2015

Rajan favours independent agency for managing govt debt

As a new agency takes shape for taking over public debt management role from RBI, Governor Raghuram Rajan today favoured keeping this entity independent of the government as well as the central bank to ensure fiscal discipline.

12 Mar 2015

Cash-strapped Ukraine to start talks on debt restructuring

Ukraine`s government said Thursday it would begin negotiations with creditors on restructuring its debt, a day after the International Monetary Fund threw the cash-strapped country a lifeline.

02 Mar 2015

RBI Governor says public debt not a problem yet for India

RBI Governor Raghuram Rajan today said government debt is not yet a problem for India even as Standard & Poor's stated that high government debt is putting the sovereign rating under pressure.

21 Jan 2015

India's public debt position comfortable: Arun Jaitley

India's public debt position is comfortable on account of declining trajectory of central government liabilities and stable interest cost, Finance Minister Arun Jaitley said Wednesday.

24 Nov 2014

Govt's public debt rises to Rs 49.6 lakh cr at Sep-end

India's public debt increased to Rs 49.6 lakh crore at the end of the July-September quarter of 2014-15, up 2.8 percent over the previous quarter.

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